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Here's Where Real Estate Prices Are Cooling the Fastest in the US
Western cities like Seattle, Las Vegas and San Jose are feeling the sting of economic headwinds and experiencing house price and volume drops.
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Home prices in some US cities are finally cooling, with Seattle’s housing market slowing faster than any other in the country.
The 10 fastest-cooling markets are almost entirely in the West, with Seattle, Las Vegas, and the three California cities of San Jose, San Diego and Sacramento leading the way. That’s according to a report by real estate company Redfin that looked at several metrics, including prices, price drops, supply, pending sales, sale-to-list ratio and speed of home sales.